Oil pressure gauge on high
Reply #2 –
Couple thoughts:
The sender or wiring may be acting up- verify the actual oil pressure with a mechanical gauge instead of relying on the vehicles instrumentation. Easiest way is to remove the sender for the gauge and install the mechanical gauge's fitting in the same location (even if just temporary under the hood), just to verify the reading.
I'd also be somewhat concerned with the lack of use no matter the level of care, since you recently acquired it. Depending on the result of the above, I'd be tempted to run some high detergency oil through it on some very short oil change intervals to flush out any gum or varnish or other solids that may have acspoogeulated through extended storage.